Minutes of a Regular Meeting of the Board
November 17, 2007

Attending:

Rick Rupkey, President, E. Jay Richardson, Vice President, Dwight Eller, Treasurer, Bill Malcomb, Member, Rusty Buss, Member, Lee Cox, Member, Tom Sanders, and Member, Vern Myers.

President Rupkey, noting the presence of a quorum, called the meeting to order at 11: 16 a.m. The meeting was held at a private room at Sam Hughes Place, 446 North Campbell, Tucson, Arizona.

On a motion by Member Sanders and a second by Member Buss, the minutes of the Board meeting of September 22, 2007 and the Membership Meeting were approved as posted on the website.

Treasurer Eller reported that there is $514.46 in the Operating account, $992.07 in the Alumni account and $4004.31 in the savings account. He reported dues collected amounted to $150.00. The Treasurer's report was provided in writing to the Board.

The written report given by Teasurer Eller reported a current balance of $356,132.76 in the investment account.

President Rupkey indicated that he was drafting a letter that would express ATO national's opinion about Epsilon Beta returning to the University of Arizona to be given to the University at a meeting to be arranged by President Rupkey.

There was a discussion about possible 2008 philanthropic activities for the Board. The Board reached a consensus that Brother Sanders investigate the possibility of setting up a scholarship in Epsilon Beta's name.

The success of Homecoming 2007 was discussed. The Board will pursue, for Homecoming 2008, the possibility of purchasing a tailgating permit for the university mall so that Taus could gather on campus. Brother Sanders was given the task of enquiring about the cost of such a move.

The Board tentatively scheduled the Spring special meeting of the Board for Saturday, April 5, 2008, at Sam Hughes Place.

The Board, each by acclamation, elected the following members as officers for 2008: Rick Rupkey, Sr., President; Rusty Buss, Vice President; E. Jay Richardson, Secretary; Dwight Eller, Treasurer.

The Board considered under New Business: the changing of of the financial reporting dates to the calendar year for accounting purposes. Vice President Buss moved and Member Sanders seconded and the Board unanimously approved. In addition, Secretary Richardson indicated the need to purchase DreamWeaver Software to allow him to access and update the website. The Board approved the purchase.

Following Good of the Order, the Board Meeting adjourned at 1:03 p.m.

Signed:

E. Jay Richardson
Secretary

These minutes were approved by the Board at a Special Meeting on April 12, 2008.